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CSTM Constellium SE

20.21
0.23 (1.15%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Constellium SE NYSE:CSTM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.23 1.15% 20.21 20.45 20.05 20.30 606,379 01:00:00

Constellium Announces Completion of the Redemption of Wise's 9¾% / 10½% Senior PIK Toggle Notes due 2019

05/12/2016 10:45pm

PR Newswire (US)


Constellium (NYSE:CSTM)
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AMSTERDAM, Dec. 5, 2016 /PRNewswire/ -- Constellium N.V. (NYSE and Euronext: CSTM) today announced  that its subsidiaries, Wise Metals Intermediate Holdings LLC and Wise Holdings Finance Corporation, completed the redemption of all their 9¾% / 10½% Senior PIK Toggle Notes due 2019 (the "Notes") pursuant to the terms of the indenture governing the Notes.  The redemption price for the Notes was approximately $173 million, including accrued and unpaid interest and was paid with cash on hand.

Constellium.

About Constellium

Constellium (NYSE and Euronext: CSTM) is a global sector leader that develops innovative, value added aluminium products for a broad scope of markets and applications, including aerospace, automotive and packaging. Constellium generated €5.2 billion of revenue in 2015.

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Copyright 2016 PR Newswire

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